Plutus Relax

What is Plutus Relax?

Plutus Relax is a long-term automated trading strategy designed for steady growth by holding positions over extended periods, similar to swing trading. It focuses on long-term growth with low risk minimal trading activity, making it perfect for conservative investors with hands-off approach and steady growth.

How does Plutus Relax work?

Plutus Relax utilises uses advanced algorithms and custom built AI to identify and capitalise on longer-term market movements automatically, opening and closing fewer trades (low risk) to minimise fees and emotional impact. It employs a risk-averse strategy, focusing on consistent returns rather than high-risk, high-reward opportunities. The system is designed to operate 24/7, continuously monitoring market conditions and making informed trading decisions.

Who is Plutus Relax suitable for?

Plutus Relax is ideal for conservative investors with a low to moderate risk tolerance who prioritise capital preservation over short-term gains. It's perfect for those seeking a long-term investment strategy with hands-off approach.

How often are trades made with Plutus Relax?

Trades are made less frequently, focusing on medium to long-term market trends. Plutus Relax is designed to make calculated trades when opportunities arise, avoiding excessive trading and unnecessary fees.

What are the benefits of using Plutus Relax?

The Plutus Relax strategy offers steady growth over time, lower trading fees due to fewer trades, reduced emotional stress from trading decisions and is tailored to align with long-term investment goals.

  • Capital Preservation: Plutus Relax prioritises protecting your investment while seeking opportunities for growth.

  • Hands-Off Approach: Enjoy the freedom of automated trading without constant monitoring.

  • Potential for Steady Returns: While not guaranteeing profits, Plutus Relax is designed to deliver consistent returns over time.

  • Reduced Stress: Let Plutus Relax handle the complexities of the market while you focus on things that matter

Can I manually intervene with Plutus Relax trades?

Manual intervention in Plutus Relax trades is is highly discouraged as it can disrupt the system's automated strategy and impact overall performance. (Account may automatically be suspended).

What is the minimum balance required to use Plutus Relax?

$1000 is the minimum balance required in your futures / derivatives account to ensure optimal performance and risk management.

What should I do to get started with Plutus Relax?

First, create an account on our website www.odesis.io. Follow through the onboarding stages, ensure you have a minimum balance of at least $1000 in your futures/derivatives account. Follow the instructions on connecting to our supported exchange and setting up your API keys from the details provided on the form, and let the automated system handle the rest.

What kind of returns can I expect with Plutus Relax?

Plutus Relax focuses on capital preservation and steady growth. While past performance is not indicative of future results, the system is designed to generate consistent, steady growth over time.

What should I do if I encounter issues with Plutus Relax?

If you encounter any problems, please contact our support team for assistance or email us at contact@odesis.io. Provide as much detail as possible about the issue you're experiencing.

How do I monitor the performance of Plutus Relax?

You can monitor the performance through your account on the supported exchange you have chosen, or you can track your portfolio and trading activities in real-time using our user-friendly dashboard, which features customisable settings for a personalised experience.

What happens if market conditions change dramatically?

The system is designed to adapt to changing market conditions. It has safety precautions in place to adapt to market fluctuations, leveraging advanced algorithms to manage and mitigate risks effectively.

What exchanges does Plutus Relax support?

Plutus Relax is currently supported on ByBit and XT.com. Please refer to the ODESIS Plutus platform for the most up-to-date list of supported exchanges.

Can I switch between Plutus Relax and other strategies?

Yes, you can switch between different trading strategies offered by ODESIS Plutus, including Plutus Relax, Plutus Go, and Plutus Spot.

Can I reduce my fees on Plutus Relax?

Yes, holding $ODS tokens can reduce your fees on Plutus Relax and other ODESIS Plutus services. You can also burn $ODS tokens to Unlock Free trading over a period of time.

What happens if I stop my trades on the ODESIS Plutus dashboard?

If you decide to stop your trades, your active positions and API will be closed and stopped immediately and you will need to pay the fee of closed trades in order to proceed.

What happens if I close my trades on my exchange?

If you manually close your trades on your exchange, your Plutus strategy will be unable to perform effectively. This will disrupt future trades and potentially impact your overall performance.

To ensure optimal results, it's crucial to avoid manual intervention in your trades (Account may automatically be suspended).

What happens if I Delete my API on the ODESIS Plutus dashboard?

Deleting your API key will disconnect your exchange account from the ODESIS Plutus platform. Any active trades will automatically close and will need to pay fees for closed trades. You will no longer be able to use the platform until you reconnect your API. Users will be notified via email to reconnect or your account will be closed after 7 days

What happens if I Delete my API on my exchange?

Deleting your API key will disconnect your exchange account from the ODESIS Plutus platform. Any active trades will automatically close and will need to pay fees for closed trades. You will no longer be able to use the platform until you reconnect your API. Users will be notified via email to reconnect or your account will be closed after 7 days

Can I open multiple accounts with different strategies?

Yes, ODESIS Plutus allows you to open multiple accounts to test different strategies or manage separate portfolios.

To create a new account, simply click the "Add a new Sub-Account+" button on your ODESIS Plutus dashboard. You'll be guided through the process of setting up a new sub-account on your chosen exchange.

Important Note: Each sub-account requires its own funding and fees and will operate independently. It's crucial to avoid mixing strategies within a single account to prevent conflicts and optimise performance.

By utilising multiple accounts, you can experiment with various trading approaches and allocate your funds according to your risk tolerance and goals.

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